Valmet’s CO2 reduction targets recognized for supporting UN climate change agenda in Paris
Valmet’s action to combat climate change has been recognized in the United Nations Framework Convention on Climate Change (UNFCCC). The objective of this international treaty established by the United Nations (UN) in 1992 is to stabilize greenhouse gas concentrations. The aim of the announcement to disclose company-specific climate actions is to show commitment and support climate change talks at the global climate change conference in Paris in December 2015.
Valmet targets for 20% reduction in energy consumption and CO2 by 2020
Valmet was eligible for inclusion in the Non-state Actor Zone for Climate Action (NAZCA), which comprises of non-state actors, by reporting climate change actions and strategies through CDP, an international NGO that works to catalyze the realization of sustainable economies.
“We continuously work to make improvements which is seen in the favorable trend in our environmental KPIs: in 2014 we decreased our energy consumption by 9% and CO2 emissions by 16%. Our long-term target for 2020 is to reduce them by fifth from 2005-2009 average,” says Victoria Larsson, Valmet’s Global HSE Manager.
Commitment by businesses supports targets of Paris Climate change conference
“Nations will come together to sign a universal agreement on climate change at the UN Climate Conference in Paris in December. By demonstrating action on NAZCA, companies can catalyze ever higher ambition by governments while signaling their determination to be part of the transformation towards a healthier, safer and more secure world,” says Christiana Figueres, executive secretary of the UNFCCC.
Then target of the Paris conference is to find a universal commitment to mitigating climate change in a sustainable way to enable long-term change.
Global warming is a common concern across the globe: experts and scientists see that exceeding the threshold of 2 degrees Celsius (3.6 degrees Fahrenheit) above the pre-industrial level could cause irreversible and potentially catastrophic damage to human civilization.
NAZCA highlights climate change actions from companies and other non-state actors, including investors, cities and regions. Read more on the UNFCCC website at http://climateaction.unfccc.int/